We've got a pennant formation here and as long as it stay as this or turn into flag which is possible, I expect this to go down after breaking 1.30575
That should interest you
Despite the exit from consolidation, the currency pair is still in doubt. The reason is today's data, which in one part is forecast to improve the situation in the US, ie "core retail sales" which is expected to be positive compared to the last…
This pair looks to be rounding out the bottom of a bowl. So, will it now begin forming the right-hand side of the dish? Only time will tell.